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Silver Lake intends to propose to acquire Qualtrics International (XM) - 13D

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Limited upside for Qualtrics International (XM) says Deutsche Bank analyst

February 2, 2023 9:17 AM EST

Qualtrics International (NASDAQ: XM) was downgraded to Hold from Buy, with its price target raised to $19 per share from $14 at Deutsche Bank on Thursday.

Analyst Bhavin Shah told investors in a research note that the firm sees limited upside from here for the stock, which is up over 59% in... More

Qualtrics (XM) adds to gains as Silver Lake plans bid, analyst sees $20 takeover value

February 1, 2023 9:18 AM EST

Qualtrics International (NASDAQ: XM) added to strong gains made in January after 15% shareholder Silver Lake disclosed Wednesday morning that it plans to bid for the company. News of the potential private equity bid comes days after controlling shareholder, SAP AG (NYSE: SAP), announced it has decided to explore a sale of its stake in Qualtrics.

SAP acquired Qualtrics and has increased revenue by 3.5x to ~ $1.5 billion since the... More